Additional Resources for Montana
USDA Rural Development Guaranteed Housing Loan
- 100% financing with no down payment requirement
- Must meet income eligibility and purchase a home in rural area
- Website: https://www.rd.usda.gov/programs-services/single-family-housing-guaranteed-loan-program
Federal Home Loan Bank Downpayment Assistance
- Grants up to $5,000 or $7,500 for qualified borrower
- Must use member lender
- Website: https://www.fhlbanks.com/assets/pdfs/dallas-dap-fact-sheet.pdf
Montana Mortgage Assistance Partnership (MMAP)
- Down payment and closing cost assistance loan up to $3,000
- Offered by Montana Board of Housing
- For low to moderate income buyers
- Website: https://housing.mt.gov/Multifamily-Development/Homeownership/MMAP
Montana HomeAdvantage
- Below market interest rate mortgage loan
- Up to 97% financing
- For first time buyers who complete homebuyer education course
- Offered by Montana Board of Housing
- Website: https://housing.mt.gov/Homeownership/HomeAdvantage
Missoula County
- Down Payment Assistance Program – down payment loans up to $10,000, offered by City of Missoula
- Website: https://www.ci.missoula.mt.us/1781/Down-Payment-Assistance-Program
Gallatin County
- Gallatin Home Partnership – down payment and closing cost assistance loans up to $14,000, offered by HRDC in Bozeman
- Website: https://thehrdc.org/ghpfund/
Yellowstone County
- HOME Set Aside Program – down payment and closing cost assistance loans up to $14,999, offered by City of Billings
- Website: https://ci.billings.mt.us/262/Downpayment-Assistance-Program
Flathead County
- NeighborWorks Montana Homeownership Programs – down payment assistance, offered in Kalispell area
- Website: https://nwmt.org/homebuyer-education/
Lewis and Clark County
- Helena Area Habitat for Humanity – down payment assistance for qualified buyers
- Website: https://helenahabitat.org/
